Malaysia legislation
Section 25
Section 25
(2)
An exclusive prospecting licence shall authorize the holder thereof the sole and exclusive right to prospect for any minerals specified in the licence within the area stated therein.
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(3)
Nothing herein shall be deemed to preclude the Minister from directing the issuance of an exclusive prospecting licence without first issuing a general prospecting licence if he is satisfied that the applicant for the prospecting licence has furnished sufficient information to show he is ready and able to prospect in the area defined by him.
Terms and conditions and endorsement upon renewal of licence